Development Group

The Development Group works with both LIHTC and Market-rate project sponsors to provide development expertise as a consultant, partner or direct developer for MPEG projects.

Project Feasibility

  • Data Collection and Evaluation
  • Site Selection and Analysis (in conjunction with the Property Group)
  • Market Studies (sourcing and oversi
    ght of independent 3rd party consultants)
  • Concept development

Financial Modeling

  • Development Budget and Pro Forma Projections
  • Construction and Development Costs
  • Operational Income & Expense
  • Cash Flow Analysis

Project Development

  • In-house conceptual design services
  • Design team sourcing and coordination
    • Architect
    • Engineers and Planners
    • Other consultants as appropriate to project scope
  • Planning Approvals (city project review and approval presentations and submissions)
  • Coordination and communication with neighborhood groups and involved agencies

Construction

  • Sourcing and qualifying contractors
  • Bidding and contract negotiations
  • Permits and approvals
  • Construction oversight
  • Financial management

Project Entitlements

  • Annexation
  • Subdivision
  • Zoning
  • Utilities and infrastructure
  • City development requirements and agreements